UK Finance’s board reportedly terminated Coinbase’s membership after reviewing the trade group’s eligibility framework, Bloomberg reported, citing people familiar with the matter. Coinbase can appeal the decision, which does not affect its Financial Conduct Authority permissions or UK operations. The action comes as Coinbase expands its British offerings following an FCA investment licence granted in July that enabled retail share trading, while crypto platforms continue to report payment friction with UK banks. Britain’s full crypto regime is scheduled to take effect in October 2027, according to Coinbase.